"Dress Rehearsal For Debt Peonage" with economist Dr. Michael Hudson on why the banks are returning the bailout money; bank fees and penalties; banks prefer default to foreclosure; debt as wealth; Obama's Financial Regulatory Reform Proposal and its six major flaws; the deregulation-by centralization ploy; failure to reform the economy will lead to debt peonage.
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Michael Hudson's website is: http://www.michael-hudson.com
Source: KPFA Guns & Butter
Aired: 8/26/09 12:00 AM
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